Key Highlights
- The banks industry profile comprises activities of banks and similar institutions, offering savings, loans, mortgages, and related financial services to consumers and businesses.
- The Emirati banks industry group had total assets of $975.5 billion in 2022, representing a compound annual growth rate (CAGR) of 5.9% between 2017 and 2022.
- The bank credit segment accounted for the industry group's largest proportion in 2022, with total assets of $447.0 billion, equivalent to 45.8% of the industry group's overall value.
- The Emirati banks industry group has expanded recently owing to several factors, such as a robust regulatory framework, a growing economy, increasing interest rates, and a highly skilled labor population. According to in-house research, the real GDP annual growth of the UAE stood at 6.8% in 2022.
Scope
- Save time carrying out entry-level research by identifying the size, growth, and leading players in the banks market in United Arab Emirates
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the banks market in United Arab Emirates
- Leading company profiles reveal details of key banks market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the United Arab Emirates banks market with five year forecasts by both value and volume
Reasons to Buy
- What was the size of the United Arab Emirates banks market by value in 2022?
- What will be the size of the United Arab Emirates banks market in 2027?
- What factors are affecting the strength of competition in the United Arab Emirates banks market?
- How has the market performed over the last five years?
- How large is United Arab Emirate's banks market in relation to its regional counterparts?
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- First Abu Dhabi Bank
- Emirates NBD Bank
- Dubai Islamic Bank P.J.S.C.
- Abu Dhabi Commercial Bank PJSC
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 43 |
Published | April 2023 |
Forecast Period | 2022 - 2027 |
Estimated Market Value ( USD | $ 975.49 Billion |
Forecasted Market Value ( USD | $ 1304.62 Billion |
Compound Annual Growth Rate | 5.9% |
Regions Covered | United Arab Emirates |